Ground broken on large logistics center along I-65 in Shepherdsville

Dermody Properties, a Chicago-based national industrial development firm, broke ground Wednesday on its LogistiCenter project at an industrial park along Interstate-65 at Shepherdsville.

Dermody plans a 624,000-square-foot, speculative distribution center at 972 Conestoga Parkway at the intersection of I-65 and Ky. 44. The project is being developed and managed by Dermody Properties' Midwest Region office in Chicago.

LogistiCenter is located in a 287-acre business park 12 miles south of the Louisville International Airport and the UPS Worldport Hub.

Dermody Properties is developing the Bullitt County project in concert with Granite Real Estate Investment Trust, a Canadian-based group that owns property with nearly 30 million square feet of predominantly industrial space at more than 100 locations.

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Ground broken on large logistics center along I-65 in Shepherdsville

Dermody Properties, a Chicago-based national industrial development firm, broke ground Wednesday on its LogistiCenter project at an industrial park along Interstate-65 at Shepherdsville.